1. The need for a conceptual framework and the characteristics of useful information
2. Recognition and measurement
3. Regulatory framework
4. The concepts and principles of groups and consolidated financial statements
1. Tangible non-current assets
2. Intangible assets
3. Impairment of assets
4. Inventories and agriculture
5. Financial instruments
6. Leasing
7. Provisions and events after the reporting period
8. Taxation
9. Reporting financial performance
10. Revenue
11. Government grants
12. Foreign currency transactions
1. Limitations of financial statements
2. Calculation and interpretation of accounting ratios and trends to address users’ and stakeholders’ needs
3. Limitations of interpretation techniques
4. Not-for-profit and public sector entities
1. Preparation of single entity financial statements
2. Preparation of consolidated financial statements for a simple group
1. Use computer technology to efficiently access and manipulate relevant information
2. Work on relevant response options, using available functions and technology as would be required in the workplace
3. Navigate windows and computer screens to create and amend responses to exam requirements, using the appropriate tools
4. Present data and information effectively, using the appropriate tools
Teacher
Years Of Experienc
No of Students
Tag Region’s Prize Winner (SBL)
evelop knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements. This course focuses on the analysis and interpretation of financial reports for single entities and consolidated groups.